For many months now, it’s seemed like nothing could slow down the American housing market. But wait! The tide may be beginning to turn—even if just a little.
Over the past few weeks, the rate of price growth has begun to slow and fewer buyers are seeking mortgages to purchase homes. The competition for available homes, while still formidable, may not be quite as intense as it’s been. And this could provide buyers a sorely needed opening.
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